"how something with such huge upside&neurology can be picked up for barely a million bucks?"
It's actually $1.26m.
In relation to the acquisition of the project; it's like with most things in life: you have to know people (plus pay $1.26m).
It might also have something to do with CTM having a strategic alliance with Terrativa Minerais SA – one of Brazil’s pre‐eminent private exploration groups.
Then Terrativa might have pushed this project into CTM or they might have known/gotten someone else in Brazil to push it into CTM.
Why would Terrativa do that?
They're one of CTM's largest shareholders.
So:
- Company-making project goes into CTM
- CTM gets made into a decent company/share price goes up
- Terrativa benefits as their big share holding in CTM increases in value.
- CTM Management also love this path as they are also big holders of CTM shares (Darren Gordon, CTM Managing Diretor, is just under Terrativa on the below list)
Cheers,
GB.
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- Extension of 307Mt @ 1.3% Ni, 0.13% Co Deposit
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centaurus metals limited
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Extension of 307Mt @ 1.3% Ni, 0.13% Co Deposit, page-6
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $173.8M |
Open | High | Low | Value | Volume |
35.0¢ | 35.0¢ | 34.5¢ | $163.9K | 468.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 104883 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 110736 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 96563 | 0.345 |
8 | 107055 | 0.340 |
3 | 40969 | 0.335 |
4 | 55803 | 0.330 |
1 | 6153 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 110736 | 1 |
0.360 | 48635 | 2 |
0.370 | 60020 | 2 |
0.375 | 44160 | 2 |
0.390 | 56337 | 2 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |